Take-Two Interactive to report Q4 earnings on Monday
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Take-Two Interactive to report Q4 earnings on Monday
Take-Two Interactive to report Q4 earnings on Monday
Yahoo Finance Live's Emily McCormick looks at Take-Two Interactive's stocks ahead of their earnings report next week.
Take-Two Interactive to report Q4 earnings on Monday
Yahoo Finance Live's Emily McCormick looks at Take-Two Interactive's stocks ahead of their earnings report next week.
Video Transcript
EMILY MCCORMICK: All right, well, as we head into the weekend one stock you should be keeping on your radar is Take-Two Interactive. The video game company will report its latest quarterly earnings results Monday afternoon. Now this comes with the stock down 38% for the year to date, amid the broader tech sell-off.
For the latest quarter, overall sales are expected to rise 11% over last year to reach just over $870 million. Now that would accelerate from the 8% growth rate Take-Two Interactive posted in the same quarter a year ago. Digital online net bookings are expected to reach nearly $784 million, and investors will also be closely watching for details about how user engagement is trending for Take-Two as the reopening continues.
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